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| Trump's $ 5 million 'Gold Card 2025 |
Trump's $ 5 million 'Gold Card' to gain US citizenship
US President Donald Trump has indicated the issuance of an alternative 'gold card' of a visa program for foreign investors.
According to British news agency Reuters, a statement from Donald Trump on Tuesday said the gold card could be obtained for $ 5 million.
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| Trump's $ 5 million 'Gold Card 2025 |
President Donald Trump told reporters that he would replace the foreign investors' visa program 'EB -5' under which he acquires US jobs or permanent citizenship, with a 'gold card'.
Under the US EB -5 program, green cards are provided to foreigners who promise investment in the US.
"We are about to offer a gold card for sale and will cost about $ 5 million," said Donald Trump.
"This will provide you with green card facilities and it can be a source of permanent citizenship in the United States," he said.
President Donald TrumpReferring to the launch of the scheme in two weeks, he said, "The rich will come to our country to buy these cards."
A journalist asked if the rich people of Russia would be able to get a gold card under this scheme? In response, President Trump said, "Yes, this is possible. I know some of the rich Russians who are good people. '
It should be noted that the EB-5 program for foreign investors in the United States was launched in 1990.
Donald Trump described the EB-5 program as' fully stupid ', saying' it was a source of green card acquisition at a low cost.
What is the famed 'Gold Card' entry permit to America?
The so-called "Gold Card" immigration plan put forth by President Trump aims to entice wealthy foreigners to contribute financially in exchange for an accelerated route to becoming a U.S. citizen. Priced at five million dollars, this entry permit would award privileges much like that of a green cardholder - such as residing and employment in the United States alongside a streamlined process for obtaining complete citizenship in the near future. While offering affluent individuals a direct path, some question if this new "Gold Card" visa class could potentially sidestep traditional diversity-based immigration policies by allotting citizenship primarily to those with vast wealth yet minimal ties to American culture. Nevertheless, the program aims to appeal to potential immigrants both with deep pockets as well as an eagerness to expedite legal permanent residence and naturalization for a steep price of several million dollars.
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